Inside LemFi’s play to be fintech to the Global South diaspora
- LemFi, a Nigeria-based fintech, is back in business in Ghana after being shut down by regulators in November.
- The company has grown its influence in Africa's remittance market, fueled by a $33 million Series A funding round and the launch of services in the U.S. corridor.
- LemFi is expanding its money transfer services to include migrants from Asian countries residing in the U.S., U.K., and Canada.
LemFi's bounce-back and expansion into Asia demonstrate its resilience and growth potential in the African fintech market. With its successful funding round and launch of services in the U.S., LemFi is well-positioned to attract more customers and revenue. The company's expansion into Asian communities further solidifies its position as a key player in the remittance industry.
